Audit Manager (Statutory Bank Audit & Insurance)
Chokshi & Chokshi
Mumbai(Andheri +1)0–3 yrs5h agovia Naukri
Job Title: Audit Manager (Statutory Bank Audit & Insurance)
About the Role
To manage and execute statutory bank audits and insurance audits, ensuring compliance with applicable regulatory requirements, auditing standards, and reporting timelines.
Key Responsibilities
- Plan, manage, and execute statutory bank audit assignments.
- Conduct audits of bank branches, including advances, deposits, NPA classification, provisioning, and compliance checks.
- Review loan documentation, credit appraisal, security documents, and recovery status.
- Conduct statutory audits of insurance companies and review financial statements, accounting records, and internal controls.
- Ensure compliance with applicable RBI, IRDAI, and other regulatory guidelines.
- Identify audit observations, assess risks, and recommend corrective actions.
- Review audit working papers, reports, and supporting documentation.
- Lead and supervise audit teams and ensure timely completion of assignments.
- Coordinate with bank and insurance company officials, clients, and engagement partners.
- Ensure adherence to applicable auditing standards and professional requirements.
Requirements & Tech Stack
- Chartered Accountant (CA) preferred.
- CA candidates with relevant statutory bank audit experience may also be considered.
- 13 years of relevant experience in statutory bank audits and/or insurance audits.
- Experience in a CA firm handling bank audits, concurrent audits, or insurance audits will be an advantage.
Qualifications
- Strong knowledge of statutory bank auditing and accounting standards.
- Good understanding of RBI guidelines and banking regulations.
- Knowledge of IRDAI regulations and insurance accounting.
- Team management and client coordination skills.
- Strong analytical, documentation, and report-writing skills.
- Ability to manage multiple assignments and meet strict deadlines.
- Preference will be given to candidates with relevant statutory bank audit and insurance audit experience who can join immediately.